Uwharrie Capital Corp Q1 2026 Financial Report

Uwharrie Capital Corp reported its financial results for the first quarter ended March 31, 2026. The company experienced a 4% increase in total assets, reaching $1.25 billion, and a 5% growth in deposits to $51 million. Net income for the quarter was $3.2 million, a significant increase from $2.6 million in Q1 2025. Pre-Tax, Pre-Provision Income also rose by 13% to $4.0 million. The company maintained sound credit quality, with only 0.29% of total loans past-due or non-accrual, well below the FFIEC peer average of 1.25%. Uwharrie Capital Corp continues to focus on its core principles of prudent lending, disciplined growth, and strong customer relationships, positioning itself well for future economic conditions.